Los Angeles, California, June 18, 2020 – Air Lease Corporation (NYSE: AL; “ALC”) announced today the delivery of one new Airbus A320-200neo aircraft on long-term lease to Atlantic Airways, the national carrier of the Faroe Islands.  Powered by CFM International LEAP-1A26 engines, this aircraft is the second of two A320-200neos that delivered to the airline from ALC’s order book with Airbus.

“We are pleased to announce this second A320-200neo delivery to Atlantic Airways today,” said Grant Levy, Executive Vice President of Air Lease Corporation.  “ALC introduced the A320-200neo to Atlantic Airways’ fleet last year and it has greatly enhanced the passenger experience and overall operations of the airline.  We are confident that this second A320neo from ALC will continue to support the national carrier’s excellent operations.”